IRON ORE AND MANGANESE
Nucor Acquires the Assets of Omega Joist
Nucor Corporation announced that it has acquired the assets of Omega Joist, a subsidiary of Samuel, Son & Co., Limited. Omega Joist produces open web steel joists at its manufacturing facility located in Nisku, Alberta, and also has sales...
GOLD
IAMGOLD completes Merrex Gold acquisition
Canadian company IAMGOLD Corporation has completed the purchase of a 100% interest in Merrex Gold, making it a fully owned subsidiary. Under this transaction, IAMGOLD purchased all issued and outstanding common shares of Merrex Gold it did not already...
GOLD
Renaissance Gold to begin drilling at Arabia project, Nevada
Renaissance Gold has revealed plans to start drilling in the second week of March on the Arabia project in Pershing County, Nevada, US. Drilling will be funded by Coeur Mining under an earn-in agreement. This agreement enables Coeur to...
COPPER
Alecto kick starts development of Mowana copper
Alecto Minerals plc, the African-focused gold and copper exploration and development company, has appointed a mining contractor to commence mining operations at the Mowana copper project in Botswana. It also reports rapid progress is being made to recommence production...
GOLD
Acacia announces maiden high-grade resource at West Kenya project
Acacia Mining has announced an initial NI 43-101 compliant inferred mineral resource estimate of 1.31 million ounces of gold at 12.1g/t on the Liranda Corridor within its West Kenya project. The project is primarily located on three main zones of...
DIAMONDS
ALROSA Earns $21.8 Million at Special Diamond Auction
According to a press release, ALROSA, the world’s largest diamond producer by volume, reported the results of the international diamond auction, which took place in the Sixth International Diamond Week in Israel (IDWI), offering for sale special-size natural rough...
NICKEL
Consolidated Nickel Mines wins top honours in Investment Battlefield competition
CNM, a subsidiary of Consolidated Mining and Investments, is planning to restart the 4 500 t/y brownfield Munali nickel mine, 70 km south of Lusaka, where operations were stopped in November 2011, owing to low nickel prices and poor...
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